Ford Motor informed British Prime Minister Theresa May that it is planning to move production out of Britain, The Times reported on Tuesday. The automaker informed the prime minister during
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Tesla Inc shareholder T. Rowe Price Group Inc had a 5.2 percent stake in the electric car maker as of end-December, approximately half its earlier stake, a regulatory filing on
Fiat Chrysler Automobiles NV stated on Thursday it paid $77 million in U.S. civil penalties late last year for not meeting 2016 model year fuel economy regulations, the first major
Ford Motor stated on Thursday it is investing over $1 billion in its Chicago operations and adding 500 jobs as it plans to launch three new SUVs this year and
General Motors on Wednesday reported a quarterly profit that surpassed Wall Street expectations, due to high-margin pickup trucks and small SUVs in the U.S. as well as cost cutting. The
Fiat Chrysler Automobiles NV stated on Tuesday it would recall 882,000 pickup trucks globally in two new recalls to address issues with steering and pedal. The automaker stated it was
General Motors stated on Tuesday it will bring 1,000 workers to build new heavy-duty pickup trucks at its plant located in Flint, Michigan, and will give importance to GM employees
General Motors on Monday stated it was beginning to hand pink slips to about 4,000 salaried employees in the latest round of a restructuring announced in late November that will
Tesla Inc has agreed to purchase energy storage company Maxwell Technologies Inc for $218 million in an all-stock deal that could assist the automaker produce batteries that hold more energy
Volkswagen AG unit Electrify America stated on Monday it will set up Tesla battery storage packs at over 100 charging stations throughout the United States to keep expenses down for
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